I've been banging on about this for a long time now, and I really hope it starts to penetrate the conventional wisdom. People have realized that "the economy" actually has nothing to do with them. It never actually did. For many years the capital class made a serious effort to create the appearance that "the line going up" was correlated…
I've been banging on about this for a long time now, and I really hope it starts to penetrate the conventional wisdom. People have realized that "the economy" actually has nothing to do with them. It never actually did. For many years the capital class made a serious effort to create the appearance that "the line going up" was correlated with people's personal fortunes, but it was by no means a causal relationship. In this new Gilded Age, the elites have abandoned any notions that it's a good idea to placate the masses, instead opting to try and demoralize us. This has meant they've dropped the pretense of tying "the economy" to ordinary people's lives. And people are, naturally, noticing.
I've been banging on about this for a long time now, and I really hope it starts to penetrate the conventional wisdom. People have realized that "the economy" actually has nothing to do with them. It never actually did. For many years the capital class made a serious effort to create the appearance that "the line going up" was correlated with people's personal fortunes, but it was by no means a causal relationship. In this new Gilded Age, the elites have abandoned any notions that it's a good idea to placate the masses, instead opting to try and demoralize us. This has meant they've dropped the pretense of tying "the economy" to ordinary people's lives. And people are, naturally, noticing.